Alibaba (BABA) counsel Yu Siying vests RSUs, sells shares to cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alibaba Group Holding Ltd’s General Counsel Yu Siying reported a mix of equity vesting and related share sales. On Jun 25, 2026, restricted share units vested and were settled into ordinary shares and American Depositary Shares, resulting in the acquisition of 13,502 ordinary shares through derivative exercises.
To cover tax withholding obligations tied to this vesting, 6,772 ordinary shares were sold in the Hong Kong market at a weighted average price of $12.10 per share, based on prices originally denominated in Hong Kong dollars. After these transactions, Yu holds 607,234 ordinary shares directly and 3,809,664 ordinary shares indirectly through a trust, indicating that the reported activity reflects compensation-related vesting with a tax-driven sale rather than a discretionary reduction in overall ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,772 shares ($81,941)
Net Sell
8 txns
Insider
Yu Siying
Role
General Counsel
Sold
6,772 shs ($82K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 3,336 | $0.00 | -- |
| Exercise | Restricted Share Units | 2,666 | $0.00 | -- |
| Exercise | Restricted Share Units | 7,500 | $0.00 | -- |
| Exercise | Ordinary Shares | 3,336 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,667 | $0.00 | -- |
| Exercise | Ordinary Shares | 7,500 | $0.00 | -- |
| Sale | Ordinary Shares | 6,772 | $12.10 | $82K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 50,000 shares (Direct, null);
Ordinary Shares — 603,839 shares (Direct, null);
Ordinary Shares — 3,809,664 shares (Indirect, By trust)
Footnotes (1)
- Reflects restricted share units that vested and settled into American Depositary Shares ("ADSs"). Each ADS represents 8 ordinary shares. This amount represents the ordinary shares underlying the ADSs acquired in connection with such vesting. Reflects restricted share units that vested and settled into ordinary shares. Pursuant to the issuer's equity plan, these shares of ordinary shares were withheld and sold in the open market in Hong Kong on behalf of the reporting person to satisfy tax withholding obligations related to the reporting person's vesting of restricted shares units reported herein. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices denominated in Hong Kong dollars ranging from 94.45 to 95.20 inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The sales prices reported herein were converted from Hong Kong dollars to United States dollars at a conversion price of HK$7.8464 to US$1.00. Each restricted share unit represents a contingent right to receive one ADS. Each ADS represents 8 ordinary shares. This amount represents the ordinary shares underlying the vested ADSs in this award. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ADSs that vests in twenty-four equal quarterly installments beginning on Jul 1, 2024, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Jun 25, 2026. Each restricted share unit represents a contingent right to receive one ordinary share. This amount represents the number of vested ordinary shares. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ordinary shares that vests in twenty-four equal quarterly installments on beginning on Jul 1, 2025, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Jun 25, 2026. Reflects the outstanding unvested portion of a restricted share unit award granted in the form of ordinary shares that vests in sixteen equal quarterly installments on beginning on Jun 25, 2026, subject to the terms and conditions of the underlying award agreement. The vesting reported herein was as of Jun 25, 2026.
Key Figures
Shares sold for taxes: 6,772 shares
Sale price: $12.10 per share
Shares acquired via RSU vesting: 13,502 shares
+4 more
7 metrics
Shares sold for taxes
6,772 shares
Ordinary shares sold on Jun 25, 2026
Sale price
$12.10 per share
Weighted average price for 6,772 shares sold
Shares acquired via RSU vesting
13,502 shares
Ordinary shares from derivative exercises on Jun 25, 2026
Direct holdings after transactions
607,234 shares
Ordinary shares held directly after Jun 25, 2026
Indirect trust holdings
3,809,664 shares
Ordinary shares held indirectly by trust
HKD trading range
HK$94.45–HK$95.20
Price range for tax-related sales in Hong Kong
FX conversion rate
HK$7.8464 = US$1.00
Rate used to convert sale prices to U.S. dollars
Key Terms
restricted share units, American Depositary Shares ("ADSs"), weighted average price, tax withholding obligations, +1 more
5 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax withholding obligations financial
"sold in the open market in Hong Kong on behalf of the reporting person to satisfy tax withholding obligations"
contingent right financial
"Each restricted share unit represents a contingent right to receive one ADS"
FAQ
What did Alibaba (BABA) General Counsel Yu Siying report in this Form 4?
Yu Siying reported RSU vesting into Alibaba ordinary shares and ADSs, plus a related sale. 13,502 ordinary shares were acquired via derivative exercises, while 6,772 shares were sold primarily to satisfy tax withholding obligations tied to the vesting event.
What RSU activity did Yu Siying report for Alibaba (BABA)?
The Form 4 shows restricted share units vesting and settling into Alibaba ordinary shares and ADSs. In total, 13,502 ordinary shares were acquired through derivative exercises. Footnotes describe ongoing unvested RSU awards with scheduled quarterly vesting subject to underlying award agreement conditions.